Peter- I agree with you that card doctors are incredibly skilled. But I also feel that if any sheet is hand cut the cards may or may not get a numerical grade.
In the example Dan S. gave regarding the Obak sheet, I was amazed to see that even if every card is graded Authentic the sheet still has a positive break value. I don't think the same is true with a 1954 Topps sheet. Who is going to pay a premium for 54T commons in AUTH holders? In this case somebody needs to be absolutely sure the sheet is cut properly, and of course there is no guarantee of that.
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